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An Analysis of the Subjective Well-Being in the Italian Regions Through an ANN Algorithm

Author

Listed:
  • Cosimo Magazzino

    (Roma Tre University)

  • Marco Mele

    (“Niccolò Cusano” University)

  • Antonia Rosa Gurrieri

    (University of Foggia)

  • Giovanna Morelli

    (University of Teramo)

Abstract

This research aims to analyze the determinants of subjective well-being in the Italian regions. To this extent, a new ISTAT-BES database has been used, with data for the Italian regions between 2004 and 2021. An artificial neural network (ANN) experiment was conducted to explore the link among these variables. Empirical findings show that subjective well-being is positively associated with education, income, and social relations. Our results align with those provided by past studies on the determinants of subjective well-being. These results imply that governments should improve subjective well-being by increasing the level of investment in education, deepening economic growth, reducing income inequality, and promoting social relations.

Suggested Citation

  • Cosimo Magazzino & Marco Mele & Antonia Rosa Gurrieri & Giovanna Morelli, 2024. "An Analysis of the Subjective Well-Being in the Italian Regions Through an ANN Algorithm," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 17472-17497, December.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01817-z
    DOI: 10.1007/s13132-024-01817-z
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    More about this item

    Keywords

    Subjective well-being; Education; Inequality; Social relations; Italian regions; Artificial neural networks;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development

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